Punjab Province

Faisalabad: [ReNews Pakistan]
The State Bank of Pakistan (SBP) and the Faisalabad Development Authority (FDA) have agreed to enhance institutional coordination and accelerate the processing of housing finance applications under the Prime Minister's Apna Ghar Scheme, aiming to make affordable home ownership more accessible for eligible citizens across the country.
The decision was taken during a high-level meeting held at the FDA Complex in Faisalabad. The meeting was chaired by FDA Director General Muhammad Asif Chaudhry and attended by SBP Chief Manager Fouzia Aslam, senior FDA officials, and representatives from commercial banks participating in the housing finance programme.
During the meeting, participants reviewed the current implementation of the scheme and agreed on a series of measures to improve efficiency. These include streamlining administrative procedures, strengthening inter agency coordination, and appointing dedicated focal persons from both the SBP and the FDA to ensure quicker processing of loan applications and prompt resolution of applicants' concerns.
Speaking at the meeting, SBP Chief Manager Fouzia Aslam said the Prime Minister's affordable housing initiative has received an encouraging response from the public. She revealed that more than 76,000 applications have been submitted nationwide during the past six months. Of these, over 18,000 applications have been approved, while financing has already been disbursed to more than 3,000 successful applicants, reflecting steady progress in the programme's implementation.
Under the Apna Ghar Scheme, eligible applicants can obtain housing finance of up to PKR 10 million at a subsidised annual markup rate of 5% for a repayment period of up to 10 years. The financing is available for the construction of houses on residential plots measuring up to 10 marlas, making home ownership more affordable for middle- and lower-income families.
FDA Director General Muhammad Asif Chaudhry assured the State Bank and participating financial institutions of the authority's full administrative support.

Lahore | ReNews Pakistan
The Government of Punjab has officially restored the issuance of the traditional Fard (Record of Rights) for land records in areas where the land record system has not yet been digitized, providing significant relief to property owners, buyers, and sellers. The decision has been implemented through an official notification that withdraws the earlier suspension imposed after the introduction of the Green Property Certificate initiative.
According to the notification, the issuance of Fard will initially be limited to locations where digital land records are not yet available. In these areas, citizens will once again be able to obtain a Record of Rights through the prescribed legal procedure, allowing them to verify ownership and complete property transactions without unnecessary delays.
The latest move also removes the requirement for buyers and sellers in eligible areas to obtain or present a Green Property Certificate when transferring ownership of land or other immovable property. Instead, transactions can now be completed using a traditional Fard (Record of Rights) or a certified copy of the official land record, restoring the long established documentation process.
The suspension of Fard issuance had been introduced when the Punjab government launched the Green Property Certificate system as part of its broader land administration reforms. During that transition, conventional ownership certificates were temporarily discontinued, creating challenges for property transactions in areas where digitization had not yet been completed.
Officials say the Green Property Certificate system will continue to operate in areas that fall under the new digital framework, while the restored Fard system will serve non digitized regions until the digitization process is completed. The dual approach is intended to ensure uninterrupted property transactions across the province while supporting the government's ongoing modernization of the land record management system.
The restoration of manual land ownership certificates is expected to facilitate smoother property transfers, reduce procedural hurdles for citizens in rural and non digitized areas, and provide greater flexibility until Punjab's land record digitization programme is fully implemented across the province.

Lahore: [Riaz Hussain ReNews Pakistan]
The PIAF Group and the DHA Estate Agents Association Lahore have entered into a significant mutual support agreement aimed at promoting cooperation, electoral coordination and shared business interests, including reciprocal support in their respective elections. The agreement is being viewed as an important step towards further strengthening ties between Lahore’s business community and the real estate sector.
The signing ceremony was held on Friday, July 10, 2026, at the Lemniscate Club in DHA Phase 8, Lahore. The event was attended by representatives of the PIAF Group, DHA Estate Agents Association Lahore President Zeeshan Butt, other office-bearers of the association, property dealers, leading members of Lahore’s business community, prominent figures from industry and trade, distinguished guests and a large number of media representatives.
Under the agreement, the DHA Estate Agents Association Lahore will extend full electoral support to the PIAF Group in the upcoming elections of the Lahore Chamber of Commerce and Industry. In return, the PIAF Group will provide complete support and cooperation to the DHA Estate Agents Association Lahore in its future elections.
Addressing the ceremony, leaders of both organisations described the agreement as a symbol of mutual trust, organisational harmony and commitment to shared objectives. They said the business community must move forward with unity in the prevailing economic environment so that the concerns of traders, industrialists and real estate professionals can be raised more effectively at relevant forums.
The leaders said the partnership would further strengthen links between the business and real estate sectors. They added that the agreement would not only enhance the representative role of both organisations but would also provide Lahore’s business community with a stronger, more united and effective voice.
They also expressed their commitment to maintaining close cooperation in the future to promote shared interests, support business growth, encourage investment, play an effective role in policymaking and help resolve issues facing the private sector.
The leadership maintained that continued collaboration between the two organisations would contribute to better protection of the interests of Lahore’s business community and improve coordination between traders, industry representatives and real estate professionalse the agreement as an important step towards strengthening unity, effective representation and the protection of shared interests across the business, industrial and real estate sectors
Lahore: Riaz Hussain | ReNews Pakistan
The PIAF Group and the DHA Estate Agents Association Lahore have signed a significant mutual support agreement aimed at promoting cooperation, electoral coordination and shared business interests, including reciprocal support in their respective elections. The agreement is being viewed as an important step towards further strengthening ties between Lahore’s business community and the real estate sector.
The signing ceremony was held on Friday, July 10, 2026, at the Lemniscate Club in DHA Phase 8, Lahore. The event was attended by representatives of the PIAF Group, DHA Estate Agents Association Lahore President Zeeshan Butt, other office-bearers of the association, property dealers, leading members of Lahore’s business community, prominent figures from industry and trade, distinguished guests and a large number of media representatives.
Under the agreement, the DHA Estate Agents Association Lahore will extend full electoral support to the PIAF Group in the upcoming elections of the Lahore Chamber of Commerce and Industry. In return, the PIAF Group will provide complete support and cooperation to the DHA Estate Agents Association Lahore in its future elections.
Addressing the ceremony, leaders of both organisations described the agreement as a symbol of mutual trust, organisational harmony and commitment to shared objectives. They said the business community must move forward with unity in the prevailing economic environment so that the concerns of traders, industrialists and real estate professionals can be raised more effectively at relevant forums.
The leaders said the partnership would further strengthen links between the business and real estate sectors. They added that the agreement would not only enhance the representative role of both organisations but would also provide Lahore’s business community with a stronger, more united and effective voice.
They also expressed their commitment to maintaining close cooperation in the future to promote shared interests, support business growth, encourage investment, play an effective role in policymaking and help resolve issues facing the private sector.
The leadership maintained that continued collaboration between the two organisations would contribute to better protection of the interests of Lahore’s business community and improve coordination between traders, industry representatives and real estate professionals.